Blockchain Tool Provider, Blocknative, Streamlines Workforce by 33% Amidst Crypto Winter

In response to the ongoing challenges in the blockchain industry, Blocknative, a provider of Ethereum transaction tools, has streamlined its workforce, reducing personnel by 33%. The company, founded in 2018, currently operates with a team of 24, indicating that approximately 12 team members have been affected by the organizational restructuring. Blocknative had previously secured significant investments, including $12 million in July 2021 from investors such as Foundry Group, Blockchain Capital Robot Ventures, and others, after an initial $5 million seed round in 2020. Additionally, in...

source: https://tokenpost.com/Blocknative-Overhauls-Structure-Reduces-Staff-as-Crypto-Sector-Cools-Down-10800

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